Bitcoin News Today: Kiyosaki Warns of Western Debt Collapse, Pushes Gold, Silver, and Bitcoin as Alternatives

Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned of an impending economic crisis in Europe, labeling the region "toast" amid collapsing bond markets and rising political instability. In multiple recent statements, Kiyosaki highlighted a 24% decline in European government bonds and a 32% drop in British bonds since 2020. He specifically pointed to France on the brink of "Bastille Day revolt," with the potential for civil unrest, and Germany facing internal turmoil linked to its energy policies. These developments, according to Kiyosaki, signal a broader breakdown in the West’s capacity to manage sovereign debt, leading to a crisis of confidence in traditional investment strategies [1].

The veteran investor also noted that Japan and China have been reducing their holdings of U.S. Treasury bonds in favor of gold and silver, a move he describes as a clear indication of global wealth preservation strategies shifting away from fiat and toward tangible assets. U.S. Treasury bonds have fallen 13% since 2020, which Kiyosaki views as a failure of the traditional 60/40 portfolio model that combines stocks and bonds. He advocates for investors to reallocate their assets into gold, silver, and Bitcoin to hedge against further economic instability [2].

Bitcoin, while facing significant selling pressure in late August, remains a key focus for Kiyosaki. Despite the cryptocurrency being below $108,000, he continues to add to his Bitcoin holdings, viewing it as a digital store of value. Some critics have questioned Bitcoin’s performance relative to gold, which reached a record high of $3,500 in futures trading. However, Kiyosaki maintains that Bitcoin’s volatility is a feature of its nascent stage and that it will eventually follow the trajectory of gold. On-chain analysts have noted that sentiment in the Bitcoin market remains bearish, with a potential rebound expected only when market hope is lost, reinforcing the idea that the market may be in a period of consolidation [1].

Bitcoin advocate Max Keiser has echoed Kiyosaki’s concerns, urging investors to consider El Salvador as a safe haven. Keiser, who has advised El Salvador’s President Nayib Bukele, noted that the country has already adopted Bitcoin as legal tender and is exiting what he calls the “Fourth Turning,” a generational cycle of crisis. He contrasted this with France, which is entering this same phase and could face increasingly dire economic conditions. Analysts have also compared Europe’s situation to historical patterns of empire decline, citing excessive debt, wars, and an out-of-touch ruling class as recurring factors [2].

Regulatory and institutional developments in the Bitcoin space are also gaining momentum. In Europe, the European Banking Authority released a final report on regulatory standards for crypto assets, aiming to standardize risk management across the region. Meanwhile, El Salvador is strengthening its position as a crypto hub, with new laws allowing banks to offer crypto services to accredited investors and the government distributing Bitcoin reserves across multiple addresses to attract foreign capital. These moves underscore a growing institutional recognition of Bitcoin’s role in global finance [3].

Source: [1] "Save Gold, Silver, and Bitcoin," Robert Kiyosaki Advises (https://coingape.com/robert-kiyosaki-says-save-gold-silver-and-bitcoin-while-expecting-europe-collapse/) [2] Max Keiser Urges Bitcoin Adoption Amid Europe Crisis (https://bitbo.io/news/keiser-kiyosaki-europe-bitcoin/) [3] Kiyosaki warns 'EUROPE is TOAST' as bonds crash (https://ambcrypto.com/kiyosaki-warns-europe-is-toast-as-bonds-crash-is-bitcoin-the-last-safe-haven/)